Temenuzhka Petkova

Bulgaria's Gas Hub Proposal 'Not on Agenda' in Moscow

Russian Energy Minister Alexander Novak has made clear that Bulgaria's intentions to build a "gas hub" are not being discussed in Moscow.

He has told the Bulgarian National Radio that, while Moscow "has learned from the media of the idea of Bulgaria... to set up a gas hub", it has never been officially put forward, since there have been no such submissions to his ministry to date.

Austria's Habau Signs Deal to Build Last Section of Bulgaria-Romania Gas Link

Bulgartransgaz and Transgaz, the gas transmission operators of Bulgaria and Romania, have signed a contract with Austria's Habau PPS Pipeline Systems SRL for the construction of the last section of a gas gas link between the two southeast European countries.

Bulgarian Energy Minister Foresees Decrease in Electricity Prices

Bulgarian Energy Minister Temenuzhka Petkova is predicting a possible decrease in the prices of electricity due to the falling prices of natural gas.

In an interview for the Bulgarian National Television (BNT) on Friday, Petkova said that the expected decrease in the price of natural gas is slightly above 20 %.

Shell to Explore Bulgaria's Offshore Silistar Gas Field

Shell Exploration and Production BV, part of the Royal Dutch Shell Group, will explore Bulgaria's offshore Silistar 1-14 block for oil and natural gas deposits.

The gas field has an area of 6893 square kilometers and is located in the continental shelf of the exclusive economic zone of Bulgaria in the Black Sea.

Bulgaria Govt, Shell to Sign Gas Exploration Agreement

Bulgaria and Shell are set to sign an agreement for offshore gas exploration on Tuesday, the government has announced.

Energy Minister Temenuzhka Petkova and Shell Exploration&Production BV Eileen Wilkinson with take part in the ceremony that is due on Tuesday morning at the Council of Ministers.

Prime Minister Boyko Borisov has also been invited to attend.

Petyo Ivanov to Replace Jacklen Cohen as Head of Bulgarian Energy Holding

Jacklen Cohen, head of Bulgarian Energy Holding (BEH) company, has been dropped from the board of directors of the state-owned group, the Energy Ministry has announced.

Cohen has been replaced as board member by Bulgargaz CEO Petyo Ivanov under a decision of Energy Minister Temenuzhka Petkova.

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